Dog Eat Dog

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Dog Eat Dog

Informal; describing brutal competition. For example, dog eat dog competition occurs when two companies repeatedly attempt to undercut each other's prices. Dog eat dog competition is designed to increase the market share of one company at the expense of all others', even if it reduces the company's profit margin in the short and medium term. Dog eat dog competition can make it difficult for a start-up to break in to the same industry. See also: Duopoly.

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